Brave Greeks Defy Euro Paymasters.

• U.K. Service sector helps pound.
• Greeks vote against austerity.
• Dollar likely to bounce as investors mull Greek vote.
• Oil falls

Categories: commodities.


Investors on Edge Ahead of Greek Referendum

Strong PMI construction data supports sterling above 1.40 handle
Eur/Usd trading in narrow range ahead of weekend’s Greek referendum
Fed still on track for September hike, say economists
Greek vote looms, investors on tender-hooks

Categories: Market Commentary.


Euro In Stasis Ahead of Greek Referendum.

• Pound falls against dollar and euro.
• Euro flip-flops ahead of Greek referendum.
• Dollar remains higher
• Gold eases as investors await Greek vote.

Categories: commodities.


Euro rallies ahead of expected Greek default.

• Sterling hits highest in more than seven years
• Euro pushes higher but fundamentals indicate selling
• Dollar falls as escalation in Greek crisis raises uncertainty
• Aussie dollar holds its nerve

Categories: Market Commentary.


Greece Crisis Deepens – Euro Down.

• Sterling hits one month highs against euro.
• Greek banks closed to stop impending bank run.
• Dollar buoyed by safe-haven status.
• Crude down again.

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Categories: commodities.


It’s a Crisis Jim, But Not As We Know It.

• Sterling slightly lower this morning on Grexit fears.
• Greek debacle rumbles on.
• Dollar buoyed by upbeat data.
• Crude oil falls again.

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Categories: commodities.


Euro Remains Under Pressure in Key Week for Greece

Sterling remains buoyant vs euro and dollar
No breakthrough in late-night talks between Tsipras & key officials
Dollar Holds gains as US GDP gets upgrade
Gold kicks higher on Greek Impasse

Categories: Market Commentary.


Sterling on the Move as BoE Hawk Says Prepare for Rate Rise

MPC member Martin Weale talks about interest rate rise as early as August
Euro weakness as differences remain on Greece plan
Dollar mixed as Fed Governor Powell suggest early rate rise
Oil turns higher, holding ground above $60

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Categories: Market Commentary.


Greece Has a Cunning Plan to Avert Disaster.

• Sterling rises to eight month highs.
• Euro rises slightly on new Greek offer.
• Dollar under pressure
• Gold slips

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Categories: commodities.


Greek Drama Continues. Euro……..Up?

• Sterling seen as a safe haven.
• Euro rises despite ongoing Greek drama.
• Federal Reserve dovish stance to remain on weak inflation.
• New Zealand dollar falls 2% against pound on slowing economy

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Categories: commodities.